By David Shepardson WASHINGTON (Reuters) – Nearly all new passenger cars and trucks sold in the United States will be required to have automatic emergency braking systems by September 2029, the[...]
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April 29, 2024
Japan March jobless rate stays flat at 2.6%
TOKYO (Reuters) – Japan’s jobless rate in March was unchanged at 2.6% compared to February, government data showed on Tuesday. The seasonally adjusted unemployment rate compared with econo[...]
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Strained Chinese cities struggle to pay home buying subsidies
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Amy Wang was counting on a 100,000 yuan ($13,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit[...]
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Multi-strategy hedge fund launches tumble in first quarter, says Preqin
By Nell Mackenzie LONDON (Reuters) – New multi-strategy hedge fund launches accounted for less than one in 10 of new funds in the first quarter, down from about one in four in the last quarter o[...]
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Chipmaker NXP forecasts Q2 profit above estimates on industrial demand recovery
(Reuters) -NXP Semiconductors NV forecast second-quarter profit above estimates on Monday, as easing inventory corrections at its industrial and mobile customers helped offset decelerating revenue fro[...]
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NBC plans about $2.5 billion offer for NBA broadcast rights, WSJ reports
(Reuters) -Comcast’s NBCUniversal is planning to pay an average of about $2.5 billion a year to broadcast a package of National Basketball Association (NBA) games, the Wall Street Journal report[...]
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Wall Street stocks finish higher as investors focus on Fed moves
By Chibuike Oguh NEW YORK (Reuters) -U.S. stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the i[...]
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NYCB delays annual shareholders meeting by two weeks
(Reuters) – New York Community Bancorp has pushed back its annual shareholders meeting by two weeks to June 5. The bank disclosed the change in date late on Friday. It had earlier announced its[...]
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Paramount replaces CEO with trio as it talks merger with Skydance
By Lisa Richwine LOS ANGELES (Reuters) -Paramount Global replaced CEO Bob Bakish with atrio of executives, the company announced on Monday in the middle of talks with David Ellison’s Skydance Me[...]
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